Technical analysis USDCAD for 23.04.2024

23.04.2024 18:38
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 1.36500. The closest resistance is the level 1.36900

Key levels

  • 1.37350, 1.36900, 1.36500, 1.36100, 1.35600

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.36500, with Take Profit of 1.36100 and Stop Loss of 1.36900

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.36900, with Take Profit of 1.37350 and Stop Loss of 1.36500

Guión
Recomendación
SELL STOP

Punto de entrada
1.36500

Take Profit
1.36100

Detener la pérdida de
1.36900

Niveles clave
1.37350, 1.36900, 1.36500, 1.36100, 1.35600
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
1.36900

Take Profit
1.37350

Detener la pérdida de
1.36500